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Steady Expansion Forecast for Personalized Gifts Market, Projected to Reach $42.25 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Personalized Gifts Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the last few years, the market size for personalized gifts has seen impressive growth. Expected to increase from $28.47 billion in 2024 to $30.79 billion in 2025, a compound annual growth rate (CAGR) of 8.2% is predicted. The historical growth can be credited to factors such as increasing consumer interest in exclusive and tailored products, advances in personalization technology, an upswing in customer preference for personalized experiences and the proliferation of online shopping platforms.
Personalized Gifts Market Size Forecast: What's the Projected Valuation by 2029?
Strong growth is expected over the next few years in the personalized gifts market, with a projection to reach $42.25 billion by 2029, with a compound annual growth rate (CAGR) of 8.2%. This expected growth in the forecast period can be ascribed to an increased spending capacity, social media trends, the appeal of personalized gifts, and the amplified use of data analytics for targeted advertising. Key trends to look out for during the forecast period include attire, the rising popularity of personalized home decor, an upsurge in custom jewelry, growing preference for personalized tech gadgets, the boom of tailor-made beauty and skincare items, personalized food, beverages, and custom-printed stationery.
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What Are the Drivers Transforming the Personalized Gifts Market?
Looking ahead, the growing fascination with holiday season gifting is projected to spur expansion in the personalized gift market. This interest in gifting during the holidays or special events is linked to an upswing in customer sentiment, higher disposable incomes, and an increasing inclination towards personalized, significant gift sharing. They are preferred during these festive periods since they carry a sentimental worth and produce enduring memories, reflecting the essence of festivity and benevolence inherent in holiday gift-giving traditions. For example, a National Retail Federation survey in October 2023 of 8,103 mature consumers deduced that winter vacation observers anticipate spending roughly $875 on seasonal artifacts, marking a $42 increase from 2022, with a $620 allocation for presents. Consequently, the escalating interest in holiday season gifting is projected to bolster the evolution of the personalized gift market.
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What Trends Will Shape the Personalized Gifts Market Through 2029 and Beyond?
Leading firms in the personalized gifts market are prioritizing the creation of superior personalized experience solutions such as AI-powered gift recommendation services. These aim to improve the customer experience and boost sales. These AI-influenced personalized gift recommendations utilize data assessment and machine learning algorithms to propose distinctive and considerate gifts that align with a person's likes and interests. For example, Etsy Inc., an American company known for offering unique, creative items, unveiled an AI-driven gift recommendation service known as Gift Mode in January 2024. This service leverages a blend of human curation and machine learning to present gift ideas tailored to over 200 recipient personas. With Gift Mode, users can input details about the gift's recipient and the occasion and obtain suitable gift suggestions. Furthermore, users have the option to compose a gift teaser with a note, tracking details, and a sneak peek of the gift, or they can choose to keep the gift a mystery.
Which Segments in the Personalized Gifts Market Offer the Most Profit Potential?
The personalized giftsmarket covered in this report is segmented -
1) By Type: Personalized Clothing, Chocolate Platters, Personalized Accessories, Personalized Diaries, Desk Accessories, Other Types
2) By Distribution Channel: Online, Offline
3) By End-User: Women, Unisex, Kids, Men
Subsegments:
1) By Personalized Clothing: Customized T-shirts, Personalized Hoodies, Custom Sweaters, Personalized Caps, Customized Socks
2) By Chocolate Platters: Customized Chocolate Boxes, Personalized Chocolate Bars, Chocolate Baskets, Chocolate Gift Sets
3) By Personalized Accessories: Customized Jewelry (Necklaces, Bracelets, Rings), Personalized Watches, Custom Bags And Purses, Personalized Keychains, Personalized Wallets
4) By Personalized Diaries: Custom Leather Diaries, Personalized Notebooks, Customized Planners, Personalized Journals
5) By Desk Accessories: Custom Pen Stands, Personalized Mouse Pads, Customized Desk Organizers, Personalized Calendars, Personalized Desk Nameplates
6) By Other Types: Personalized Mugs, Custom Photo Frames, Personalized Home Décor, Custom Phone Cases, Personalized Stationery Sets
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Which Firms Dominate the Personalized Gifts Market by Market Share and Revenue in 2025?
Major companies operating in the personalized gifts market are Amazon.com Inc, Hallmark Cards Inc., Pandora A/S, Swarovski AG, Michael Kors Holdings Limited, Tiffany and Company, Etsy Inc., American Greetings Corporation, Shutterfly Inc., Kate Spade New York, 4imprint Group Plc, Custom Ink, Spencer Gifts LLC, Card Factory plc, Redbubble Group Limited, Things Remembered Inc., Printful Inc, Moonpig.com Ltd., Spring Inc. (Teespring), Zazzle Inc., Minted LLC, CafePress Inc., PersonalizationMall.com LLC, Snapfish by HP Inc., Spreadshirt
Which Regions Offer the Highest Growth Potential in the Personalized Gifts Market?
Europe was the largest region in the personalized gifts market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the personalized gifts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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